* Vacation, sick, and holiday time off
* Distance to work and traffic considerations
* Relative cost of living
* Health insurance cost and coverage amount
* Retirement benefits (401k, pension, etc)
* Expected work hours per week * Vacation, sick, and holiday time off
* Distance to work and traffic considerations
* Relative cost of living
* Health insurance cost and coverage amount
* Retirement benefits (401k, pension, etc)
* Expected work hours per weekThat way we'd know at least.
1. 8 days PTO - yeah...seriously, so basically no time off
2. distance to work was about 20-30 minutes -- not bad
3. LOW relative cost of living -- that 100K STRETCHES FAR, unlike in the bay area
4. no health insurance, no coverage
5. no retirement benefits
6. 70-80ish hours (basically late nights + weekends) weeks prior to investor meetings, 60-70ish hours normally
Take it as you may but taking out just one of those points above changes your whole perspective on the job.
I'm part of a University system pension scheme that, while operating with a sizable unfunded liability, is fairly stable and has a good outlook. In the end there is a risk but it's difficult to quantify looking out 35 years in the future. I do know better than to take it as a 100% and have eggs in other baskets as well.
When I was fresh out of college, I had no wife, no kids, no bills, no house. I took all the cool startup perks - free concert tickets, free box tickets to pro sports teams in town, free RedBull, free pop and food, free lunch.
Now in my 30's I have bills, investments, a house mortgage. I went to interview at some smaller startups and established web agencies and they were pitching me on all the "freebies" and I'm thinking, "You know what? Free RedBull doesn't pay my mortgage or my car payment." My view completely changed from taking the handouts to trying to leverage a higher salary in lieu of those things.
You have to remember, you only have so many years where you can burn the candle at several ends and still walk away with your sanity.
They're not really free, because that money could be otherwise used to pay you. I'd rather get money that I could then spend on lunch, than get free lunch.
In the US, free lunch at work is not considered income for the purposes of taxation [1], but salary that you'd be using towards lunch would be taxed. So, if you eat lunch at work either way, you're going to be getting about 1⅔ as much lunch in-kind as opposed to in salary (assuming marginal 40% state+federal tax).
And that's setting aside the issue of whether it's a good use of your time/energy/willpower to contemplate what/where/how to feed yourself in the middle of your workday.
It's more that it's a mental and physical break from work, and a good reason to stretch my legs. I can't stand being cooped up in an office for a full 8 hours at a stretch.
Very few people in the US pay that.
* culture
It's related to "expected work hours per week" but tells so much more and is probably the single largest contributor to whether or not you'll like working there.https://codehappy.info/ works just fine. (:
...Perhaps a corporate slack channel that candidates are invited to join?
Salary is useful for buying things, up until a point, and at a certain point (assuming you aren't too materialistic) whether you are enjoying the job and other things gets to be way more important, and monetary compensation really doesn't make you that much happier.
So other than that, spot on.
My comment is addressing this question, and more generally, this recent interest in posting your salary.
Still, great ideas on your part.
I don't think it was a question.
I could leave and probably make quite a bit more, but I don't think all the benefits would come along with it. Also the relative cost of living almost guarantees that even if I did leave, what I pocketed after all expenses would almost certainly be less.
> They give us unlimited PTO,
This is one of the most pernicious anti-perks around. I'd like 12 months of leave at full pay thanks. This 'perk' actually ends up having the opposite effect. People take less time off because of guilt or lack of confidence in what is a 'reasonable' amount of time off to take.Tell me exactly the number of days off I can have and make them no questions asked. That way I can clock out and forget that the office exists for 4 weeks or more. At my current employer I have 13 weeks of scheduled paid time off, plus paid paternity leave and 20 paid no questions asked sick/family leave days which roll over from year to year.
Unlimited PTO is a cold hearted, calculated sham which has been designed to screw you over [1][2]
The rest of the benefits you're getting sounds quite good.
[1] - http://www.inc.com/gene-marks/why-unlimited-paid-time-off-is...
[2] - http://www.forbes.com/sites/lizryan/2015/08/26/unlimited-vac...
Unedit: The best balance seems to be setting a lower bound. E.g. at my employer we have 25 days PTO minimum, and actually if we don't meet that and leave the company they've contractually obligated themselves to pay that back to you. So we're very much encouraged to hit that limit and it's very common to exceed it.
Here's a sample of the conditions I can enjoy as a teacher here in Australia
$100k salary with guaranteed yearly increases that outpace inflation (this year was a 2.5% increase while inflation is at around 1.6%)
Guilt free, no questions asked sick leave.
Work-life balance. It was trivial for me to apply for part-time work. I now only work Mon-Thu.
Union-led, rolling negotiations for improved pay, working conditions, reductions to work hours etc.
It's the closest thing to a worker's paradise I can think of short of a post work, robot singularity.
Obviously not every profession is subsidized by the government like teaching and therefore can't, by extension, remain competitive while also being so worker friendly.
Even if you're not lucky enough to have such amazing conditions let's all at least call a spade a spade. Things like unlimited PTO are just ways to screw the little guy.
I find it hard to believe that people advocate for such fundamentally unsustainable arrangements. Guaranteed raises outpacing inflation that aren't tied to performance at all? Nobody should be surprised when the costs to support a workforce that trends towards mediocrity (why try when you're not rewarded) eventually reach a point that breaks the bank (see California).
It's great that you got a position like that, but an economy cannot survive with a workforce that has massive compensation guaranteed without regard to market forces (see Greece).
I've long suspected that one of the prime dysfunctions of US corporate culture is the projection of greed, puerility, incompetence, and worthlessness by management onto "lower" workers.
In reality the whole point of being a professional is that you get paid well, you produce good results, but it's not just about the money - because you have an ethic of personal pride in your work, and will over-deliver if you're allowed to.
The worst kinds of corporate management in the US spend an incredible amount of time trying to enforce this state in theory, while simultaneously undermining it in practice.
The best kinds of state ownership around the world prove that it can only flourish in a more mature, stable, and sane environment.
When all are treated the same, regardless of performance, there are two possible situations - either all are rewarded as though underperforming (i.e. raise below inflation), or all are rewarded as though performing well (i.e. raise at or above inflation).
In the former case, my intuition is that your point is probably correct. If I know I'm going to be treated as though I'm the worst employee in the building, I might stop trying after a while.
In the latter case, my intuition is that you are probably wrong. Just because the worst employee is being rewarded as well as I am, it doesn't mean I'll sink to that level.
The intrinsic motivation to do well, improve, and learn all outweigh anything to with competition, and it's a pretty unhealthy culture that relies on the employees competing with their team mates to get them to do their jobs. However, that intrinsic motivation can only go so far when faced with an ever falling budget to maintain your lifestyle.
> support a workforce that trends towards mediocrity
This is not an absolute truth. Our standard of teaching is high here in AU, also look to Scandinavian countries to see a highly paid and respected profession with the world's highest educational standards. > but an economy cannot survive with a workforce that has massive compensation guaranteed without regard to market forces
agreed, but surely the free market can find a middle ground between shafting their workforce to their face with 'perks' like 'unlimited' PTO and the admittedly amazing, but not generally applicable conditions that teachers and other public servants enjoy.Basically, Nobody has ever offered me less money than I need to live/retire on. Everything else depends on the job for me.
"Is this job right for me" is of course far more complex topic but that's not the point of the salary discussion, IMO.
"Expedia sucks! Don't come here ..."
Non-pay benefits are a function of your employer.
Distance to work is a function of where you live and where you work.
Cost of living is generally able to be eyeballed based on the location.
Like "short-term incentives" aka bonuses, these are just different "shiny objects" aka distractions your employer can wave around to keep you unfocused on some other part of the value exchange, such as no versioning of code or an ancient and unwieldy code base, poorly-maintained infrastructure, not keeping the building warm enough, or "modestly immoral" activities like nepotism.
* Belief in company's mission, how passionate you are about what they doThat being said, cost of living is probably the most difficult to asses as there are also many relative variables.
work life balance could probably be assessed simply by an average work week length. I theorize work life balance is affected on an exponential scale with every additional hour.